Natural Gas The Flush & Rally?
ProShares UltraShort Bloomberg Natural Gas BATS:KOLD
Trading-Capital
Natural gas had a very poor close to the end of the week.
Price action was well on its way to breaking out on the daily chart above $2.13 befroe it got slammed back down below $2.
The rejection point coincided with a key factor...tagging the 100 daily MA .
Our members sold our Boil position for over a 10% win , as we tagged that resistance.
Previous price action suggests this could be the last final dip before a potential sizeable rally.
This rally could be between 60-120% over the next 6 months.